Thompson & Associates CPAs
Atlanta Accounting... Atlanta Tax Preparation...Accounting Expert Witness
Insurance Advocacy and Business Interruption
Recouping lost revenues and costs associated with everything from property damage and business interruption from the latest insured peral can significantly impact your business’s bottom line. Longleaf Technical's management are experts in working with rick managers and attorneys to manage insured losses by accurately and fully quantifying and documenting insured losses. As a result, we assist in maximizing insurance recoveries and managing your future risk.
Thompson & Associates CPAs LLC doesn't broker insurance, perform audits, nor act as public adjusters. Far too often insured are convinced using a division of their broker is a great idea, until they find there is a conflict of interest with their broker. Public adjusters tend to offer services for a percentage of recovery, rather than charge a flat fee. In many cases, claim preparation services provided by Longleaf Technical can be placed in the policy as a reimbursable expense. Lastly, our staff are professionals who have spent the larger part of their careers focusing solely on claims accounting, dispute advisory, forensic accounting and investigations.
Thompson & Associates CPAs LLC. has forensic accountants, certified public accountants and insurance experts who can assist you before, during and after a loss occurs.
Pre-loss services - Our staff have preformed insurance reviews for a number of clients determining items such as gaps in coverages, maximum probable loss estimates, business interruption and contingent business interruption values. In some cases, our staff has stepped in as interim risk managers to assist brokers in bidding on insurance, evaluating risk exposures, managing insurance policies, etc. Our goal is to allow you to fully understand your risk, exposures in your policies, and minimize your losses in the event of a peril. For example, did you know....
- Flood insurance through the National Flood Insurance Program is on a "building by building" basis, not property by property. Additionally, does your broker understand the NFIP's latest definition of "building"?
- Buy / Sell agreements often contain life insurance requirements, but rarely contain disability insurance requirements, which is a much greater risk for key employees.
- Business Interruption Insurance generally exclude losses resulting from flood, earthquake, and any losses that occur if you property isnt damaged just to name a few. However, contingent business interruption may be available for items such as loss of off-site electricity, civil authority, lack of ingress / egress to your facility, damage to a sole suppliers business and other similar perils even though your property isn't damaged.
The collaborative efforts we propose to our clients as well as our reputation for integrity with insurance providers and familiarity with the adjustment process provides you with a distinct advantage, assuring the finest services available anywhere for managing claims — while reducing the amount of time to receive a settlement.
"Insurance - The only bet you hope to lose." - Anonymous